Net Income Analysis ( % relative to Total Revenue )
Income Statement Pineland Bank All Insured Commercial Banks in Georgia
Interest and Fees on Loans 10,957 8,444
Income from Lease Financing Receivables — 0
39 26
Estimated Tax Benefit from Tax-Exempt Loan Income 20 12
Income on Loans and Leases (TE) 10,977 8,459
Investment Interest Income (TE) 307 1,021
Total Interest Income (TE) 11,694 9,876
Total Interest Expense 851 962
Net Interest Income (TE) 10,843 8,907
Non-Interest Income 2,674 2,364
Adjusted Operating Income (TE) 13,517 11,707
Non-interest Expense 11,698 7,890
Provision for Loan & Lease Losses 265 260
Pretax Operating Income (TE) 1,554 3,396
Pretax Net Operating Income (TE) 1,554 3,480
Applicable Income Taxes 411 748
Net Operating Income 1,111 2,812
Net Income 1,111 2,812
Cash Dividends Declared 669 844
Retained Earnings 442 1,559